Bite-Sized Insurance News You Can Use

We scour the web for insurance related news that could prompt that new niche product idea to become reality, forge a new partnership or start to figure out ways of streamlining your claims and admin process. There again, it might just be more interesting than watching This Morning in your jimjams.

QUOTEZONE SEES HUGE SPIKE IN COURIER INSURANCE DEMAND

NI based Quotezone told Fleetworld recently that they had seen a rise of 140% in enquiries for courier insurance, as lockdowns – plus freezing weather – prompt a big spike in food and online shopping delivery requests from housebound consumers. Interestingly bicycle courier insurance hasn’t really shown an increase at all, which suggests that rapid delivery of hot food in winter requires an engine of some sort, whether its a moped with knobbly tyres or a Vauxhall Corsa van from eBay.

AETNA SURVEY SHOWS EXPATS KEEN ON HEALTHCARE COVER

A survey by Aetna International reveals that 25% of expats across the globe took out healthcare plans last year as Covid concentrated minds everywhere. If anyone doubts that virtual GPs are NOT the way ahead, then absorb the nugget of data; 20% of those surveyed said they would not attend a doctor’s appointment. Yep, not bothered, would rather stay away from doctors and hospitals. The top geographical area for fear of seeing doctors face-to-face was the UAE and then Singapore. More info here by the way.

EU MULLS THE MODERNA VACCINE

The EU is worried that the Pfizer vaccine roll out may be too slow, and so it’s considering giving a licence to the Moderna vaccine, reports Associated Press. The Pfizer vaccine requires storage at -70 degrees of course, so there is an insurance opportunity there which does not exist with other vaccines, given the specialised refrigeration equipment and protocols necessary for general distribution.

The European Union’s medicines agency is meeting Wednesday to consider giving the green light to Moderna Inc.’s COVID-19 vaccine, a decision that would give the 27-nation bloc a second vaccine to use in the desperate battle to tame the virus rampaging across the continent.

The EMA has already approved a coronavirus vaccine made by American drugmaker Pfizer and Germany’s BioNTech. Both vaccines require giving people two shots.

Ahead of the meeting on the Moderna vaccine, the agency said in a tweet that its experts were “working hard to clarify all outstanding issues with the company.” It did not elaborate on what those issues were. Moderna also declined to comment, states AP.

ITALIAN JOB? DON’T FORGET COMPLIANCE

If you have some insurance business in Italy then it’s worth reading Dentons notes on the latest post-Brexit insurance regulations demanded by the government of Italy. More details here. 

LIVING/WORKING IN IRELAND? UK DRIVING LICENCE NO LONGER VALID 

There are many little everyday details that have changed after Brexit and driving in Ireland on a UK licence is one of them. The UK licence no longer applies in Ireland, so if you’re working there you need to swap it for an Irish on. Luckily this is just a tick-box exercise and does not require another test. Insurers and brokers covering those working in the Republic long term need to email a handy checklist on driving and healthcare paperwork as part of any policy docs. More details on the licence exchange scheme here in the Journal.ie

 

 

About alastair walker 6486 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.